Royal Bank Of Scotland Share Discussion Threads

[smartie6] 06/3/2020 09:40

Anyone want a World Snooker Final 2020 ticket?

[smartie6] 06/3/2020 09:39

How far will company pension pots fall?
Maybe time to have a chat with the FA at the Prudential?

[smartie6] 06/3/2020 09:36

In 2months time when your portfolio is down 90% what can you do?

[bookbroker] 06/3/2020 09:35

And you got to look at companies y’day like Capita, will it survive, the share price looks awful, pace of change in the world so quick and the efforts to re-invigorate the company stark, time is never on a company’s side these days.

[bookbroker] 06/3/2020 09:31

Find the employment figures hard to fathom, unless the gig economy taking away full time staff, example Barclays closing office in Leeds leading to roughly 750 jobs, but then maybe small businesses taking up the slack, expansion by online cos., but clearly Brexit, but this virus has slammed the brakes on.

[smartie6] 06/3/2020 09:29

Armageddon???????

[delphiman] 06/3/2020 09:25

Interesting, id expect those figures where gained before this outbreak probably or over a longer time period,
If staff become ill then you need temps etc
Like the NHS saying they will bring extra retired staff in,
but really, if it affects the old, and you was retired from the NHS would you lol
your actually the target group this thing affects the most.
I've seen statistics which say the melting of polar icecaps is related to the buying of fridges.
In reality it isn't but if you went by the stats you would think there was.
I do think in general we currently have one of the lowest unemployment rates ever, but in previous recessions, it always starts with doom and gloom from the media and this then convinces the public and now I'm seeing actual public reactions affecting my day to day life, its a snowball.

Is anything strong enough now to melt it before it gets to large, well once you see it starting to affect day to day life, usually not, but we will see.
Recession has always been a mindset that causes a reality.

[delphiman] 06/3/2020 08:57

No its a comment about whats going on internally in companies which shows you the mindset of people in UK share price listed companies (like mine, my company is global and on the stock exchange) which then affects UK listed share prices when these companies dont post figures beating the previous years earnings.
So it is really about UK Listed Share Prices as only 10% of my company can operate at home and you still have 100% of wages to pay which eats into your profits whilst over this time period the production is down as well (Double Whammy).

Lots of bad Market Data is now going to come out in the next few Quarters.
In fact Id go as far as to say this will definitely take us in to recession now, after what I saw yesterday at work and we are not our own, this contingency isn't limited to us.
We have flown people home from abroad.
I personally think its all over played but my opinion doesn't matter when you see the world reacting like this, then its this reaction that's going to trash the stock market.

[leedskier] 06/3/2020 08:29

This is not a comment about UK listed share prices, which have been weak since the 2016 referendum, but on real prices in the shops, travel and estate agents, which have outstripped earnings over the last decade.

A correction in these prices was overdue.

[delphiman] 06/3/2020 08:19

My company yesterday, called a meeting of us all and said if 1 person out of the company which is, around 1000 in the building, comes down with it, the whole place is shutting down and those who can will work from home.

I've heard councils are panic buying laptops for staff so they can work from home as councils have a similar procedure on this as well.

Rice, Pasta, face masks sanitising things are all been panic bought, so some industries will thrive if they have a work force.
Ebay initiated an email to everyone saying they will be booted off if they try and put the prices up on items previously sold for less so they can maximise on other peoples suffering.
Its all going mental, would not be surprised if this is enough to start a recession now which was looming anyhow.

[delphiman] 06/3/2020 08:11

BBC News

UK Government says its not going to be able to Contain the Corona Virus as 8 people who have no connection to travel have tested positive out of the now 115 people known about but they hope to slow it down so the NHS can cope and to gain time to be able to create a vaccine as the UK's first person dies.

[tomboyb] 06/3/2020 08:07

As this rate could fall to around the 145-150p mark -

[smartie6] 06/3/2020 07:04

Panic setting in big time. Wow.
Could we really see banks down a further 5% today? Wow.

[smartie6] 06/3/2020 06:49

Interesting day ahead. Glad I’m not going into the weekend holding shares.

[portside1] 05/3/2020 22:13

I made a big buy late afternoon not bothered the panic is coursed by the scum reporters ,It is only a flu and flu has always killed th3 old and people with unlined illness It's natureLast year 11000 died of flu this winter only half the numbers

[qantas] 05/3/2020 19:00

“Keep Calm and Carry On”

While the number of coronavirus victims continues to rise in the United Kingdom, the Government has taken a calm, steady-as-she-goes approach. That hasn’t stopped panic buying, and this overreaction, Philip Johnston argues, could be far more damaging than the epidemic itself.

[smurfy2001] 05/3/2020 18:53

smartie65, Yes it's crazy 16p old money basically.

[bookbroker] 05/3/2020 18:15

Look smartie, i do not have issue with the stock market panicking, but the UK market has fallen far further than the US, we are a service economy so the big hospitality companies smashed, but we do not need to fall in lockstep with the Dow. Sure rates are low, and central banks have little ammunition, but Trump has built the success of his presidency on the stock market, that is nuts!

[smartie6] 05/3/2020 18:13

Are you sure.
They advised he’s been back and forward to hospital but only tested last night.

[bookbroker] 05/3/2020 18:11

No issue with lockdown in the UK, this bloke was on the original cruise ship in Japan, so he has not well for weeks.